Credit Products Officer II (Commercial / Hybrid NY) - BankUnited : Job Details

SUMMARY: A Credit Products Officer specializes in Commercial loan requests, either Corporate and Industrial (C&I) or Commercial Real Estate (CRE). They are responsible for preparing complete and accurate credit analyses in a timely manner that meet or exceed internal business partners' needs, customer expectations, regulatory requirements, and industry best practices. They ensure the bank is protected by providing an unbiased and objective view of the prospective borrower and thoroughly disclosing all risks. Additionally, this role involves monitoring and maintaining a portfolio while supporting one or more Relationship Managers.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following, with other duties and projects as assigned:

• Pre-screening Activities (10%): Determine risk ratings, prepare spreads using Moody's Risk Origins or Excel templates.
• Underwriting Activities (40%): Obtain financial information, assist in pre-approval memoranda, determine due diligence requirements, perform borrower and guarantor financial analyses, review third-party reports, identify risks, collaborate on credit structuring, complete risk ratings, draft approval memoranda, assemble approval packages, and deliver them to the appropriate credit authority.
• Approval Activities (10%): Deliver approval packages, document approvals.
• Post-approval Activities (5%): Finalize credit packages, review documentation, organize credit files, draft post-approval memos.
• Portfolio Management Activities (30%): Manage financial ticker items, perform property inspections, process draw requests and extensions, conduct ongoing credit reviews, manage risk ratings, conduct industry research, identify cross-sale opportunities, underwrite ACH exposure, manage credit files, perform quarterly portfolio reviews, and provide customer service.
• Practice Development (5%): Identify improvement opportunities, collaborate on developing underwriting and portfolio management practices and tools.
• Adhere to applicable laws, regulations, policies, and procedures, including anti-money laundering requirements, and report suspicious activities.

EDUCATION: Bachelor's Degree in a business-related field or acceptable alternative.

EXPERIENCE: 7-9 years of credit experience required.

KNOWLEDGE, SKILLS, AND ABILITIES: Strong accounting skills, developed through formal education or equivalent training such as AIB.